Fundstrat’s Head of Research Tom Lee joins CNBC’s Closing Bell to discuss why he’s bullish on stocks heading into year-end.

AI-generated source summary

The expert discusses market volatility and its impact on portfolios, leaning towards the views of Jamie Dimon. He highlights the opacity in private credit as a significant problem investors will face. Trade tensions and VIX spikes are causing investor caution. Despite these concerns, the market has tailwinds into year-end, particularly from AI-driven demand. The expert notes investors are holding substantial cash and institutions are underperforming benchmarks, indicating a potential chase for returns. Market sentiment has become negative, seen as a contrarian buy signal. Despite worries, he anticipates a good rally by year-end, suggesting 7000 is a low target for the S&P. Earnings will matter and are generally good, with 82% of companies beating estimates. Demand visibility is improving, with fewer tariff concerns. There's room for multiple expansion, making the market less demanding. Despite a possible dip in bitcoin he considers the prices at a basement level and mentions gold as been performing well.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   18 Oct 2025, 00:35 UTC

   The analyst published the original source item.

2. First prediction resolved

   27 Oct 2025, 14:00 UTC

   The first evaluable outcome in this case reached a terminal result.

3. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

   The public source was preserved as the evidence record for this case.

4. Market predictions extracted

   18 May 2026, 20:47 UTC

   3 eligible signals linked to this case.

5. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.

6. Case evaluation completed

   02 Jul 2026, 02:14 UTC

   All evaluable predictions in this case reached terminal outcomes.